Clear Blue Technologies has been selected to provide smart, off-grid, cloud-based power solutions to community websites in Viasat, Nigeria

Clear Blue Technologies International Inc.

Clear Blue Technologies International Inc.

TORONTO, April 12, 2022 (GLOBE NEWSWIRE) — Clear Blue Technologies (TSXV: CBLU), the market leader in smart off-grid energy technology, today announced the selection of Viasat (NASDAQ: VSAT) for its new Clear Blue Nano-Grid . Pico-Grid Energy Products to provide clean, reliable and low-cost energy management and solutions in Viasat’s satellite-based community websites in Nigeria.

For this initiative, Clear Blue will provide its flagship product, Pico-Grid. Pico-Grid uses Clear Blue’s cloud-based, intelligent off-grid and hardware architecture systems, designed specifically for Internet of Things (IoT) and Wi-Fi/satellite networking applications. A new product, Pico-Grid joins Clear Blue’s Illumient Smart City and Nano-Grid Communications products as the company’s third line of innovative off-grid smart energy technologies. Pico-Grid has the ability to support several thousand more users in both the growing satellite Internet sector and other new IoT sectors.

“Viasat’s community internet solution helps achieve digital and social inclusion for remote and hard-to-reach communities by providing high-quality satellite internet,” said Myriam Türk, Co-Founder and CEO of Clear Blue Technologies. Clear Blue works with Viasat to provide intelligent off-grid power systems and management services at these locations. The market opportunity that the satellite creates has been a key strategic focus for us over the past three years, and it is exciting to see pico-network products in this field as a result.”

Bridging the access gap: power and connectivity
Viasat’s online community solution aims to connect disadvantaged and disconnected people around the world, in locations where there are significant gaps between demand, affordability and availability of internet services. In Nigeria specifically, Viasat has selected Clear Blue’s Nano-Grid and Pico-Grid technology to provide an environmentally friendly and reliable power source with corresponding management services, to help keep users connected.

About Clear Blue Technologies International (TSXV: CBLU)

Clear Blue delivers clean, managed wireless power – anywhere, anytime. Using our patented Smart Off-Grid technology, delivered through the Energy-as-a-Service business model, to manage lighting, communications, IoT devices, and other critical systems around the world. Clear Blue has thousands of systems under management in 37 countries, including the United States and Canada. Clear Blue is publicly traded on the Toronto Venture Exchange under the symbol CBLU, on the Frankfurt Stock Exchange (FRA: 0YA) and on the Overseas Enterprise Exchange (OTCQB: CBUTF). Learn more through www.clearbluetechnologies.com.

Investor Relations:
Myriam Turk
Co-founder and CEO
+ 1-416-433-3952
miriam@clearbluetechnologies.com
www.clearbluetechnologies.com/en/investors

Nikhil Thadani, the capital of Sovik

+1 437836 9669

Nik@SophicCapital.com

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forward-looking statement

This press release contains “forward-looking information” and/or “forward-looking statements” within the meaning of applicable securities laws. Such forward-looking information and forward-looking statements do not represent facts, historical information, or current status, but instead only represent Clear Blue’s beliefs regarding future events, plans or objectives, many of which are inherently uncertain and beyond Clear Blue’s control. In general, such forward-looking information or forward-looking statements may be identified by the use of forward-looking terms such as “plans,” “expects,” “does not,” “projects,” “budget,” “scheduled,” “estimates,” or “forecast.” or “intends,” “expects,” “does not expect,” “believes,” or variations of these words and phrases may contain, or may contain, statements that some action, event or outcome “may,” “could,” “will,” may” or “will be taken”, “will continue”, “will occur” or “will come true.” Forward-looking information contained herein may include, but is not limited to, information regarding the future stages of contracts or the project or the future value of the contracts or the project for any mentioned parties.

By identifying such information and data in this way, Clear Blue alerts the reader that such information and data are subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance, or achievements of Clear Blue to be materially different from those expressed or implied by this information and data.

Investing in Clear Blue securities is speculative and is subject to many risks including, but not limited to, the risks discussed under “Risk Factors” in the Clear Blue listing application dated July 12, 2018. Despite Clear Blue’s attempt to Identification of significant factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, and there may be other factors that cause results not to appear as expected, estimated or intended.

With respect to the forward-looking information and forward-looking statements contained in this press release, Clear Blue has made certain assumptions. Although Clear Blue believes that the assumptions and factors used in the preparation, and the expectations contained therein, the forward-looking information and statements are reasonable, and undue reliance should not be placed on such information and statements, and no warranty or guarantee can be made that such information and forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those projected in this information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release. All subsequent written and oral information and forward-looking statements attributable to Clear Blue or persons acting on its behalf are expressly qualified in their entirety by this notice.